Khulna Power Company Ltd. announcements
314 Dhaka Stock Exchange announcements for Khulna Power Company Ltd. (KPCL) since 2010: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (14).
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA+" in the long term and "ST - 1" in the short term based on audited financial statements of the Company up to December 31, 2014, unaudited financials up to September 30, 2015 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q3 Financials
EPS was Tk. 2.09 for July-September, 2015 as against Tk. 0.28 for July-September, 2014; EPS was Tk. 6.51 for January-September, 2015 as against Tk. 1.04 for January-September, 2014. NOCFPS was Tk. 22.30 for January-September, 2015 as against Tk. (1.36) for January-September, 2014. NAV per share was Tk. 25.32 as of September 30, 2015 and Tk. 22.81 as of December 31, 2014.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 28, 2015 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2015.
- Q2 Financials
(Q2 Un-audited): EPS for April-June, 2015 was Tk. 2.12 as against Tk. 0.37 for April-June, 2014, EPS for Jan-June, 2015 was Tk. 4.42 as against Tk. 0.75 for Jan-June, 2014. NOCFPS was Tk. 2.55 for Jan-June, 2015 as against Tk. (2.02) for Jan-June, 2014. NAV per share was Tk. 23.23 as of June 30, 2015 and Tk. 22.81 as of December 31, 2014.
- Cash Dividend Distribution
The Company has informed that the cash dividend for the year 2014 has been disbursed to the respective shareholders' Bank Accounts through BEFTN System. The Company has also informed whose bank accounts are not connected with the above system, dividend warrants were issued and dispatched to the registered address of the shareholders through courier service.
- Q1 Financials
Net Profit after tax from Jan15 to March15 was Tk. 831.89 million with EPS of Tk. 2.30 as against Tk. 140.38 million (KPCL-I only) and Tk. 0.39 respectively for the same period of the previous year.
- Resumption News after Record Date
Normal trading of the shares of the Company will resume on 01.06.2015 after record date.
- Suspension News for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 31.05.2015.
- Spot News for AGM
Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 27.05.2015 to 28.05.2015. Trading of the shares of the Company will remain suspended on record date i.e., 31.05.2015.<br>
- Appointment of Managing Director
The Company has informed that Mr. Md. Abdur Rahim has been appointed as the Managing Director of the Company for a period of two years (renewable) commencing from May 20, 2015.<br>
- Dividend Declaration
The Board of Directors has recommended 40% cash dividend for the year ended on December 31, 2014. Date of AGM: 25.06.2015, Time: 10:30 AM, Venue: Krishibid Institution, Bangladesh Khamarbari Road, Farmgate, Tejgaon, Dhaka-1215. Record Date: 31.05.2015. The Company has also reported EPS of Tk. 2.30, NAV per share of Tk. 22.81 and NOCFPS of Tk. 3.29 for the year ended on December 31, 2014.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (20.05.2015) following its corporate declaration.
- Board Meeting schedule under LR 30
As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on May 19, 2015 at 5:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.
- Amalgamation Scheme
In connection with the Companys earlier news (disseminated by DSE on November 13, 2014) the Company has further informed that the Honble High Court Division of the Supreme Court of Bangladesh has sanctioned the Scheme of Amalgamation (without modification) proposing merger of Khanjahan Ali Power Company Ltd. & Khulna Power Company Unit II Ltd. (Transferor Companies) with Khulna Power Company Ltd. (Transferee Company) vide a judgment and order dated 03.03.2015 passed in Company Matter No. 322 of 2014. As a result, Khulna Power Company Ltd. shall take over, amongst others, all licenses, permissions, assets and liabilities of the Transferor Companies and shall continue to be as a going concern whilst the Transferor Companies shall be stricken out from the Company register kept with RJSC.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.